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Israel’s Paz Eyes ‘Ashdod Oil Refinery’ Spin-Off As Margins Surge
...gh margins this year, though revenues were hit by a full maintenance shutdown between May and July which left Q3’s output of 62,700 b/d the lowest since Q2 2017 (see chart 1). Despite the prolonged Paz outage, Israel’s overall refinery output is on course to post a three-year high, averaging 27...
Volume: 65Issue: 48Published at Fri, 02 Dec 2022 -
Iraq’s 2030 ‘Sustainable Transition’ Plan: Gas & Renewables To The Fore
...newables by 2030, and 2.3bn cfd of additional gas processing capacity by 2026. The ministry of oil has an even more ambitious gas plan to add 2.49bn cfd of gas processing capacity by 2027 and to achieve zero flaring by 2030 as per a 2017 pledge made to the World Bank. Details of these plans were ou...
Volume: 64Issue: 48Published at Fri, 03 Dec 2021 -
Kuwait Launches Refining Expansion Plan, Readies For Clean Fuels Commissioning
...two 300,000 b/d refineries (MEES, 20 April). But it appears Kuwait is opting for one new plant and the expansion of existing ones. KUWAIT REFINING CAPACITY (MN B/D, END YEAR) *ASSUMES CLEAN FUELS PROJECT FULLY ONLINE IN 2019, Al-ZOUR FULLY ONLINE IN 2020. ^SHUT DOWN END-MAR 2017. SO...
Volume: 61Issue: 48Published at Fri, 30 Nov 2018 -
Aramco Sets Out Petchems Targets As Sadara Plant Inaugurated
...fore a permanent repair could be undertaken (MEES, 7 October). Rabigh 2 was originally scheduled to start up its first units in 2016, but the venture recently announced that construction is now not expected to be completed until the second quarter of 2017. Delays and scope changes have also raised the pr...
Volume: 59Issue: 48Published at Fri, 02 Dec 2016 -
Oman Invites Bids For Building Duqm Refinery, Awards Liwa Cracker
...r a PET technology license. Ompet had planned to achieve financial close for its PTA/PET plant by mid-year, with a view to project start-up in 2017. However, the financial arrangements have yet to be concluded, which suggests that the PTA/PET plant start-up target is likely to be pushed into 20...
Volume: 58Issue: 48Published at Fri, 27 Nov 2015 -
Oman Takes Its Place In Gulf Refining Expansion
...gineering and design (FEED) for a $6bn, 230,000 b/d refinery at Duqm. DRPIC has received both technical and commercial bids for the FEED, expected to take 14 months. Delays in awarding the design work are expected to push the refinery’s target start-up date back from 2017 to 2018. Once completed, DRPIC ai...
Volume: 56Issue: 48Published at Fri, 29 Nov 2013